Senior Analyst, Exchange Traded Derivatives Operations (Toronto, On)

 
 
Requisition ID: #
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.
Senior Analyst, Exchange Traded Derivatives Operations (Toronto, ON)
 
Global Banking and Markets:
Global Banking and Markets (GBM) is a leading Canadian Capital Markets and Investment Banking business with a growing platform in the US and Latin America, operating globally for over 100 years. Scotiabank’s strong U.S. presence provides our clients an important bridge to this key global market for trade and investment flows across the Americas and the world.
Global Banking & Markets provides a full range of investment banking, credit and risk management products and services relevant to the financing and strategic development needs of our clients. Our products include debt and equity financing, mergers & acquisitions, corporate banking, institutional equity sales, trading and research, fixed income products, derivatives, energy, foreign exchange and precious & metals. We also cross-sell the full range of wholesale products and services offered by the Scotiabank Group.
Be part of an innovative, Global Capital Markets and Investment Banking business with a unique geographic footprint that puts capital to work for our clients across industries! We work together to drive ambition for every future! 
Purpose :
Contributes to the overall success of the GWO Confirmations - ETD team globally ensuring specific individual goals, plans, initiatives are executed / delivered in support of the team’s business strategies and objectives.  Ensures all activities conducted are in compliance with governing regulations, internal policies and procedures.
The ETD operations team is responsible for supporting the clearing and settlement of global futures and options on futures traded by the various business lines within Scotiabank.  The main objective is maintaining the official clearing book of record for futures products and supporting the full trade life cycle.  
Responsibilities include:
-Trade capture and processing
-Trade, position, and cash reconciliation
-Collateral management
 
What You’ll Do :
-Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
-Ensures the team’s assigned responsibilities are executed and completed within prescribed deadlines across numerous workstations and engages in root cause analysis to determine if mitigating processes are possible.
-Provides insight and support to management during planning, organizing and successful implementation of projects affecting the unit’s operations.
-Pro-actively supports management efforts to monitor group activity to ensure internal control procedures remain effective, are understood and adhered to.
-Supports management efforts to motivate staff, increase individual performances, execute a robust training schedule and assign workstation responsibilities fairly.
-Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
-Actively pursues effective and efficient operations of his/her respective areas, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational risk, regulatory compliance risk, AML/ATF risk and conduct risk, including but not limited to responsibilities under the Operational Risk Management Framework, Regulatory Compliance Risk Management Framework, AML/ATF Global Handbook and the Guidelines for Business Conduct. 
-Champions a high-performance environment and implements a people strategy that attracts, retains, develops and motivates their team by fostering an inclusive work environment; communicating vison/values/business strategy and managing succession and development planning for the team.
 
What You’ll Bring :
-3-5 years minimum Exchange Traded Derivatives experience (or similar capital markets asset class) – with a global perspective preferred
-Knowledge of capital markets’ regulatory framework, market practices, and clearing house policies and procedures – knowledge of US ETD Regulations a plus
-Understanding of accounting principles and practices related to Exchange Traded Derivatives – or equivalent asset class
-Experience with at least one of the Capital Market major asset platforms from a “Books and Records” perspective – GMI, RISC, XTP, ADP, Broadridge, etc. 
-Knowledge of Derivative Exchange clearing applications such as CME Group’s FEC, ICE’s ECS/FEC, CDCC TMS & SOLA a plus – or equivalent systems
-Ability to promote and maintain a strong team environment and working relationships within the group and with other partner areas
-Demonstration of strong organizational skills in planning, scheduling, and prioritizing one’s workload 
-Strong analytical skills with a proven ability to evaluate options/alternatives and proposing recommendations for complex and multi-dimensional problems/issues
-University degree in finance, economics, or business 
-CSC Securities coursework / secondary studies completion considered an asset
-Strong communications skills. Able to communicate professionally both verbally and written. Must be able to communicate confidently with leaders and external teams. 
-Experience with Reconciliation and working with large data sets; this includes being able to have strong analytical skills and able to work well on Excel and Power BI
-Proficient Excel skills; preferred experience with creating and using Macros, Pivot tables and V loop up
-Industry exposure through one of the following would be an asset: 
Canadian Securities Course (CSC), Derivatives Fundamentals Course (DFC), Futures Licensing Course (FLC), CFA Level 1 or higher
 
Work Arrangement:
This position is currently a Hybrid role. Please note that this is subject to change based on the needs of the business. 
#LI-Hybrid 
Interested?
At Scotiabank, every employee is empowered to reach their fullest potential, respected for who they are and, embraced for their differences. That’s why we work to grow and diversify talent and engage employees in a performance-oriented culture. 
What's in it for you? 
Scotiabank wants you to be able to bring your best self to work – and life, every day. With a focus on holistic well-being, our many flexible benefit programs are designed to help support your unique family, financial, physical, mental, and social health needs.
Location(s):  Canada : Ontario : Toronto 
Scotiabank is a leading bank in the Americas. Guided by our purpose: "for every future", we help our customers, their families and their communities achieve success through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets.  
At Scotiabank, we value the unique skills and experiences each individual brings to the Bank, and are committed to creating and maintaining an inclusive and accessible environment for everyone. If you require accommodation (including, but not limited to, an accessible interview site, alternate format documents, ASL Interpreter, or Assistive Technology) during the recruitment and selection process, please let our Recruitment team know. If you require technical assistance, please click here. Candidates must online to be considered for this role. We thank all applicants for their interest in a career at Scotiabank; however, only those candidates who are selected for an interview will be contacted.